Thalassa Holdings Limited Further re Share Redemption and Return of Capital (1290D)
26 October 2020 - 6:00PM
UK Regulatory
TIDMTHAL
RNS Number : 1290D
Thalassa Holdings Limited
26 October 2020
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Further re Share Redemption and Return of Capital
("Transactions")
Further to the Company's announcement of 28 September 2020, and
in response to various shareholder enquiries relating thereto,
Thalassa confirms that:
-- By redeeming 33.65% of its Ordinary Shares and distributing
in specie 33.65% of its net assets, THAL's Net Asset Value (NAV)
per share (before taking into account the expenses relating to
these Transactions) will remain, as before, approximately US$1.846
per share based on the interim balance sheet as at 30 June
2020.
-- The number of Ordinary Shares and Depositary Interests held
by each Thalassa shareholder and Depositary Interest holder will
reduce by 33.65% as a result of the Transactions. With effect from
the date of this announcement, the total number of Ordinary Shares
with voting rights is 9,297,748 (excluding the 11,554,505 shares
held in treasury) carrying one vote each. This figure represents
the total voting rights in the Company and may be used by
shareholders as the denominator for the calculations by which they
can determine if they are required to notify their interest in, or
a change to their interest in, the Company.
Enquiries:
Thalassa Holdings Ltd
--------------------
+33 (0)6 78 63 26
Duncan Soukup (Executive Chairman) 89
--------------------
WH Ireland Limited (Financial Adviser) +44 (0)207 220 1650
--------------------
Chris Fielding, Managing Director, Corporate
Finance
--------------------
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI,
is a holding company with various interests across a number of
industries.
Defined terms in this announcement are as set out in the
announcement dated 28 September 2020.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014. Following the
publication of this announcement, this inside information is now
considered to be in the public domain.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCDBBDGRSDDGGU
(END) Dow Jones Newswires
October 26, 2020 03:00 ET (07:00 GMT)
Thalassa (LSE:THAL)
Historical Stock Chart
From Apr 2024 to May 2024
Thalassa (LSE:THAL)
Historical Stock Chart
From May 2023 to May 2024